Solana is recording its highest network usage in history while its native token, SOL, finally breaks past the $80 mark.
The blockchain clocked nearly 7 million daily active addresses in mid-2026 and processed a record 3.77 billion transactions in June alone. Throughput maintained a 7-day average approaching 1,100 transactions per second.
The surge is driven by decentralized finance applications capitalizing on Solana's high throughput and low fees. The total value of tokenized real-world assets locked on the platform has surpassed $2.5 billion, including institutional-grade products like private credit and tokenized treasuries.
SOL currently trades around $80, a significant discount from its speculative $294 peak in January 2025. Analysts view the $80 level as a critical technical threshold that could shift market sentiment if held.
Despite the record-breaking activity, investors are watching the sustainability of user figures and the economic viability of the network given the minimal fee structure.